MAITHAN ALLOYS LTD.

Maithan Alloys Limited has acquired 397,251 equity shares, representing 0.03% of the total shareholding, in HFCL Limited through the stock exchange. The total cost of this acquisition was ₹10.44 Crore, completed on October 6, 2026. This acquisition is part of Maithan Alloys' investment strategy for long-term/short-term benefits, and the company does not intend to gain control of HFCL's management. HFCL Limited operates in the Telecom - Infrastructure sector, with a turnover of ₹4528 Crore and PAT of ₹253 Crore as of March 31, 2026. The acquisition was conducted at arm's length and did not involve related parties.

Maithan Alloys Ltd has acquired 2,527,000 equity shares, representing a 0.17% stake, in HFCL Limited through the stock exchange for a cash consideration of ₹60.09 Crore. The acquisition, completed on October 1, 2026, is intended for long-term/short-term investment benefits, with no intention to acquire control of HFCL's management. HFCL Limited, a listed entity, operates in the Telecom-Infrastructure industry, specializing in Telecom and Defence Equipment, Optical Fiber, and digital networks. As of March 31, 2026, HFCL reported a turnover of ₹4528 Crore, PAT of ₹253 Crore, and a net worth of ₹4727 Crore. The transaction was conducted at arm's length and is not a related party transaction.

Maithan Alloys Ltd has acquired a 0.24% stake, comprising 279,000 shares, in ESDS Software Solution Limited for a total consideration of ₹50.19 Crore. The acquisition occurred on September 23, 2026, through the stock exchange and is considered an investment for long-term/short-term benefits. Maithan Alloys does not intend to acquire control of ESDS Software's management. ESDS Software Solution Limited is an AI-enabled IT service provider with a turnover of ₹378 Crore and PAT of ₹62 Crore as of March 31, 2026. The transaction was conducted at arm's length.

Maithan Alloys Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from October 1, 2026, and will remain in effect for 48 hours after the declaration of the financial results for the quarter and half-year ended September 30, 2026. The board meeting to approve these results will be scheduled in due course. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, aimed at preventing insider trading.

Maithan Alloys Ltd has issued a communication regarding Tax Deducted at Source (TDS) on the final dividend for the financial year 2025-2026. The Board of Directors had recommended a final dividend of ₹6/- per equity share for FY26, subject to approval at the 41st Annual General Meeting (AGM). The Record Date for determining eligible shareholders is Monday, September 21, 2026. The company will deduct TDS at prescribed rates from the dividend, as per the Income-tax Act, 2025. TDS rates will vary based on the residential status and category of shareholders. Non-Resident Shareholders will face a 20% withholding tax (plus surcharge and cess) but can opt for beneficial rates under Double Tax Avoidance Agreements (DTAA) by submitting necessary documents like a Tax Residency Certificate and Form 41.

Maithan Alloys Ltd has acquired equity shares of One 97 Communications Limited (PayTM) through the stock exchange. The acquisition, completed on September 21, 2026, involved a cash consideration of ₹60.19 Crore for 330,000 shares, representing a 0.05% shareholding in PayTM. Maithan Alloys stated that the investment is intended to reap long-term/short-term benefits and does not aim to acquire control of PayTM's management. PayTM, the target entity, operates in the financial technology sector, offering payment and financial services. The transaction was conducted at "arms length" and did not involve any related party transactions.

Maithan Alloys Ltd has acquired 11,730 equity shares, representing a 0.01% stake, in ESDS Software Solution Limited through the stock exchange. The acquisition, completed on September 21, 2026, cost ₹1.90 Crore and was made via cash consideration. Maithan Alloys stated the purpose is to reap long-term/short-term investment benefits and clarified that it does not intend to acquire management control of ESDS. ESDS Software Solution Limited is an AI-enabled end-to-end IT service provider, reporting a turnover of ₹378 Crore and PAT of ₹62 Crore as of March 31, 2026.

Maithan Alloys Ltd has acquired a 0.65% stake, comprising 760,548 shares, in ESDS Software Solution Limited for a total consideration of ₹113.37 Crore. The acquisition, executed through the stock exchange on September 10, 2026, is part of Maithan Alloys' investment strategy to achieve long-term and short-term investment benefits. The company does not intend to acquire control over the target entity's management. ESDS Software Solution Limited is an AI-enabled IT service provider with a turnover of ₹378 Crore as of March 31, 2026. The transaction was conducted at arm's length.

Maithan Alloys Ltd has been informed by the National Stock Exchange (NSE) that their application for re-classification of certain promoters, including Mr. Prahlad Rai Agarwalla and others, from 'Promoter & Promoter Group' to 'Public' category has been rejected. The NSE cited unaddressed queries and prolonged non-response from the company as reasons for not considering the application under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company may submit a fresh application with complete documentation if they wish to pursue this matter further.

Maithan Alloys Limited has acquired 75,160 equity shares of ESDS Software Solution Limited, representing 0.06% of the shareholding, for a total cost of ₹10.83 Crore. The acquisition, completed on September 9, 2026, was made through the stock exchange as an investment to reap short-term and long-term benefits. Maithan Alloys does not intend to acquire control of ESDS Software Solution Limited. The acquired entity is an AI-enabled end-to-end IT service provider with a turnover of ₹378 Crore in FY26. The transaction was conducted at arm's length and does not involve related parties.